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My name is Shun. I am the Founder of Target Trition.

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This is CBS Eye on the World. Here's John Batchler.

The American economy, the consumer. There is positive news if you're in to a position

of thinking of growth, but there's confusing news if you're in to a position of thinking

of recession. For example, the increase in the producer price index reported this last

week was more than expected. 6%. That's right. 6%. Why that is important that those numbers

of inflation for the CPI plus 6% for the PPI plus 6%.

Tells us we're a long way from the ambition of 2% inflation, which is what the chairman

of the Federal Reserve, Mr. Powell, is outlined for his landing zone. He means to land at

2% and he will do what it takes. I welcome Jim McTagg. Jim is the former Washington Editor

of Barron's magazine and now a memory for the markets. A memory of when the Fed raises

rates. It is true for more than a century when the Fed raises rates. The market struggles.

Right now, the market is not struggling. Jim, the market is not struggling. The hiring

is going on. We have a great retail number from January 3%. Does this make sense in market

history to you? You can draw upon your time as a broker and then your time as a journalist.

...